Core Viewpoint - Caring Brands, Inc. has successfully closed its public offering of 1,000,000 shares of common stock at a price of $4.00 per share, raising approximately $4,000,000 in gross proceeds before expenses [1][2]. Group 1: Offering Details - The public offering consisted of 1,000,000 shares priced at $4.00 each, resulting in gross proceeds of about $4,000,000 [1]. - The underwriter, D. Boral Capital LLC, has a 45-day option to purchase an additional 150,000 shares at the public offering price [2][3]. - The shares began trading on the Nasdaq Capital Markets under the ticker symbol "CABR" on November 13, 2025 [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general and working capital purposes, including marketing and sales of proprietary products, as well as repayment of certain debts [2]. Group 3: Company Overview - Caring Brands is a wellness consumer products company that offers a variety of over-the-counter (OTC) and cosmetic products, including treatments for hair loss, eczema, psoriasis, vitiligo solutions, and a jellyfish sting protective suncare line [6]. - The company ensures that all products have established mechanisms of action, proven efficacy through clinical trials, and are protected by patents [6].
Caring Brands Announces Closing of $4,000,000 Million Uplisting to Nasdaq